Oct. 23 at 5:55 PM
$NVR beats estimates but struggles with housing market headwinds 📉
EPS of
$112.33 tops expectations, but earnings and revenues both shrink YoY. Affordability issues and rising lot costs weigh heavily, with settlements and new orders declining 📊.
Full breakdown here 👉 https://www.zacks.com/stock/news/2775739/nvr-q3-earnings-homebuilding-revenues-top-new-orders-down-yy?cid=sm-stocktwits-2-2775739-body-17392&ADID=SYND_STOCKTWITS_TWEET_2_2775739_BODY_17392